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Employer FAQs

Health Savings Account (HSA) FAQs


What is a Health Savings Account (HSA)?

What is a high-deductible health plan?

Is this really less expensive for the business?

Do employees get a tax benefit from an HSA?

Does an employer have to make contributions to an employee’s HSA?

May an employer fully fund the employee’s HSA at the beginning of the year?

Are an employer’s contributions to an HSA treated as a deductible healthcare expenses?

Can employers make pre-tax contributions to their employees’ HSAs?

May employers make matching contributions?

Can you combine an HSA with an FSA?

Is the employer responsible for reviewing medical expenses?

How often can an employee adjust their HSA contribution when contributing through a cafeteria plan?

As an employer, am I responsible for my employees’ HSA?

Do I have to contribute the same amount to every employee’s HSA?

How are contributions treated for owners, shareholders, or partners?


Flexible Spending Account (FSA) FAQs

What is a Flexible Spending Account (FSA)?

What are the different types of FSAs available?

Who can offer an FSA plan?

Who may contribute to an FSA?

Can an FSA be offered with any health plan?

What regulations should I be aware of?

Can owners or partners participate in an FSA?

Do non-discrimination rules apply?

Is a domestic partner covered under an FSA?

What options does an employer have with unused FSA funds?

Is the employer taxed on unused funds that are forfeited from an employee’s FSA?

Can an employer charge an employee for the balance of a healthcare FSA if the employee leaves employment mid-year?

How can employers limit risk of loss associated with early terminations?